IBT Staff Reporter

General Motors Co is considering a plan to raise funding to keep Opel as an alternative to selling the unit to Magna International , sources with knowledge of the deliberations said on Monday.

Americans swamped auto dealerships on Monday during the final hours of the government's popular cash-for-clunkers program, which offered rebates of up to $4,500 to trade in older gas guzzlers.

The Obama administration pledged on Monday to stay out of General Motors' choice of a buyer for its European Opel unit, while union leaders in Germany put more pressure on the U.S. automaker to make a decision.

An executive from Aluminum Corp. of China Ltd. (Chinalco) denied recent media reports that the company is in talks with Australian miner Rio Tinto on a possible bauxite deal, local media Caijing reported on Monday.

A federal appeals court in New Orleans said on Monday that accused swindler Allen Stanford must stay in jail until his fraud trial.

Nokia, the world's largest manufacturer of mobile phones, made its official debut into the PC market on Monday.

Chartists employ a two-dimensional approach to market analysis that includes a study of price and volume. Of the two, price is the more important. However, volume provides important secondary confirmation of the price action on the chart and often gives advance warning of an impending shift in trend. Volume is the number of units traded during a given time period, which is usually a day. It is the number of common stock shares traded each day in the stock market. Volume can also be monitored on ...

The Aussie dollar followed the local equity market higher during yesterdays early morning session peaking above the 84 cent mark heading into the release of July New Motor Vehicle Sales which was expected to be a non event.

Multitaskers of media activities like watching YouTube, writing e-mail and talking on the phone are not very good at any of their tasks, according to a Stanford University report on Monday.

Scotland's justice secretary Monday defended his decision to free the Lockerbie bomber on humanitarian grounds in the face of severe criticism from the United States government and relatives of U.S. victims.

Wall Street super-swindler Bernard Madoff has not been diagnosed with cancer, the Federal Bureau of Prisons said on Monday, knocking down a tabloid report that Madoff was dying of the disease.

Paulina Chmielecka a previous fiancée of Ryan Jenkins was identified as the woman who helped Jenkins check into the hotel where he apparently committed suicide.

General Motors Co is considering a plan to raise funding to keep Opel as an alternative to selling the unit to Magna International with financing from the German government, sources with knowledge of the deliberations said on Monday.

When I'm backpacking I always meet people who are travelling to London, but there is so much more to England than the nation's capital. We may be a tiny and rather compact country but often travellers seem to think that England is London.

Wall Street super-swindler Bernard Madoff has not been diagnosed with cancer, the Federal Bureau of Prisons said Monday, knocking down a tabloid report that Madoff told fellow prison inmates that he was dying.

(Corrects length of prison sentence in 2nd paragraph to 150 years, not 20 as earlier sent)

Credit Card Industry Challenged; GM May Keep Opel; Last Try for 'Clunkers'

Pop star Michael Jackson's death was caused by lethal levels of the powerful anesthetic propofol, according to findings by the Los Angeles chief medical examiner unsealed in court documents in Houston on Monday.

* Women should limit extra sugar calories to 100 per day * Men should eat no more than 150 extra sugar calories * Soft drinks No. 1 source of added sugar in U.S. dietAmericans need to cut back dramatically on sugar consumption, the American Heart Association said on Monday in a recommendation that is likely to rile food and beverage companies.

I recently overheard a conversation in which a woman mentioned she would never go to Hawaii because she doesn't like long flights.

New Zealand jewellery retailer Michael Hill International Ltd (MHI.NZ) reported a 176 percent rise in full year net profit on Tuesday due to a one-off tax gain.

The revival of the Victorian-era tin ceiling is providing a modern-day, decorative flourish that is getting many home owners to look up.

Jack Klugman is accusing Universal Studios of hiding millions in profits from its classic crime series

Benchmark iron ore prices in China fell to $95 a tonne on Monday, easing 17 percent from its nearly one-year peak of $115 in early August, as traders said many Chinese steel mills stopped buying ore for future delivery.

Faced with an economy starting to emerge from recession and stubborn prices pressures, Israel's central bank on Monday raised short-term borrowing costs by a quarter-point to 0.75 percent on Monday to rein in inflation.

The Tengzhong-Hummer deal hasn't been approved by the Chinese government, Xinhua reported on Monday, citing government officials.

Apple announced Monday that the latest version of its Mac OS X operating system would be available starting Friday, August 28. Snow Leopard is Apple's biggest operating system update since the tech company moved from the Classic OS in 2001.

Sprint Nextel Corp's proposed $483 million merger with Virgin Mobile USA Inc received antitrust clearance, the U.S. Federal Trade Commission said on Monday.

U.S. stocks ended the day barely changed on Monday as investors took a break from a four-day rally that lifted major indexes to 10-month highs.